Bottles for Africa has been manufacturing plastic bottles for the last couple of years. The company uses a process costing system under the weighted average method to calculate equivalent units and costs per unit. Materials are added at the beginning of the process whilst conversion costs are allocated evenly over the process. The following information is available for the past month:

Work-in-progress opening balance (500 bottles 70% complete) R7,750

Direct materials R2,500

Conversion costs R5,250

Types of costs incurred:

Direct materials opening balance R500

Direct materials purchased R50,000

Direct materials closing balance R1,000

Conversion cost incurred R580,000

Conversion cost issued to production R600,000

Number of bottles completed 25,000

Work-in-progress closing balance (750 bottles 50% complete) ? Required:

1. Calculate the equivalent number of units completed for both direct materials and conversion cost.

Direct materials units .....

Conversion costs units .....

2. Calculate the direct material and conversion cost per equivalent unit. (Round your answers to 2 decimal places.)

Direct materials per equivalent unit

Conversion cost per equivalent unit

3. Calculate the closing balance of Work-in-progress. (Round your answer to 2 decimal places.)